Pregled bibliografske jedinice broj: 801010
The stationarity of inflation in Croatia: anti-inflation stabilization program and the change in persistence
The stationarity of inflation in Croatia: anti-inflation stabilization program and the change in persistence // Economic change and restructuring, 50 (2017), 1; 45-58 doi:10.1007/s10644-016-9181-2 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 801010 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
The stationarity of inflation in Croatia: anti-inflation stabilization program and the change in persistence
Autori
Gil-Alana, Luis A. ; Mervar, Andrea ; Payne, James E.
Izvornik
Economic change and restructuring (1573-9414) 50
(2017), 1;
45-58
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
Inflation ; persistence ; stabilization program ; Croatia
Sažetak
This study examines the impact of the anti-inflation stabilization policies on the behavior of inflation in Croatia in the early 1990s and through the subsequent post-stabilization period using fractional integration techniques. Indeed, the implementation of the stabilization program in October 1993 brought immediate deflation with a relative high degree of inflation stability in the post-stabilization period. With allowance for a structural break corresponding to the stabilization program in October 1993, the degree of persistence was substantially reduced with the fractional differencing parameter being positive but close to zero in the poststabilization period.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
Napomena
Published online 9 February 2016
Citiraj ovu publikaciju:
Časopis indeksira:
- Web of Science Core Collection (WoSCC)
- Emerging Sources Citation Index (ESCI)
- Scopus
- EconLit
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